![]() ![]() It’s getting bigger, and it’s growing exponentially. This includes applications for data preparation, analysis, data visualization, reporting, and collaboration for use on premises, at the desktop, in the cloud, and away from the office via mobile capability.ĭata. For our purposes, the terms will be the same.Ĭurrent BI/business analytics solutions offer applications to help you gain actionable information at every stage of the process. When used together, “BI and business analytics” has a broader meaning and includes every aspect of gathering, analyzing, and interpreting data. Business analytics, however, refers more specifically to the process of examining data to find trends and insights. The terms business intelligence and business analytics are often used interchangeably. In general, a BI solution is a combination of strategy and technology for gathering, analyzing, and interpreting data from internal and external sources, with the end result of providing information and analytics about the past, present, and future state of the subject being examined. Search the internet, and you’ll find a variety of definitions for BI software. ![]()
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May 2023
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